Side Hustle School Ep. 2962 - Weekend Workshop: Become a Side Hustle Detective
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Feb 9, 2025 Dive into the detective work of launching a side hustle! Discover the importance of researching existing businesses and market trends before diving in. Learn how to analyze competitors and identify gaps in your target market. This approach not only refines your strategy but also positions you for greater success in your entrepreneurial journey. Plus, enjoy free lessons and real-life case studies to inspire your side hustle dreams!
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Market Research
- Research your market by learning from existing businesses before launching your own venture.
- Identify market gaps, understand what works, and improve existing offerings.
Cafe Research
- A new cafe owner researches the neighborhood, foot traffic, and competition before opening.
- This methodical research increases their chances of success by identifying market gaps.
Coaching Research
- Aspiring coaches should study successful coaches, their marketing, pricing, and target markets.
- This reveals that focusing on specific niches is more effective than serving everyone.
